It's been a big year for home wares franchise Villa & Hut and its founder Franz Madlener. In June, listed brands management company Allied Brands bought the chain for $1 million, and assumed $1.8 million of the company's debt.
Villa and Hut is a business built on reconciling two not entirely consistent consumer habits; the feeling they should buy ethically made furnishings, but not wanting to pay more to do so.